6 unchanged sentences
Foreign Currency Exchange Rates
−Removed: Approximately 15.9% and 16.8% of our revenues for the three months ended March 31, 2025 and 2024, respectively, were denominated in currencies other than the U.S.
+Added: Approximately 15.9% and 17.3% of our revenues for the six months ended June 30, 2025 and 2024, respectively, were denominated in currencies other than the U.S.
dollar (“USD”).
Our financial statements are reported in USD and, accordingly, fluctuations in exchange rates will affect the translation of revenues and expenses denominated in foreign currencies into USD for purposes of reporting our condensed consolidated financial results.
−Removed: In the three months ended March 31, 2025 and the year ended December 31, 2024, the most significant currency exchange rate exposure was the Euro.
−Removed: Excluding the impacts from any outstanding or future hedging transactions, a hypothetical change of 10% in average exchange rates used to translate all foreign currencies to USD would have impacted operating loss for the three months ended March 31, 2025 by approximately $0.5.
−Removed: Gross accumulated currency translation adjustments recorded as a separate component of stockholders’ equity were $45.2 and $(27.7) at March 31, 2025 and March 31, 2024, respectively.
+Added: In the six months ended June 30, 2025 and the year ended December 31, 2024, the most significant currency exchange rate exposure was the Euro.
+Added: Excluding the impacts from any outstanding or future hedging transactions, a hypothetical change of 10% in average exchange rates used to translate all foreign currencies to USD would have impacted operating loss for the six months ended June 30, 2025 by approximately $0.8.
+Added: Gross accumulated currency translation adjustments recorded as a separate component of stockholders’ equity were $128.0 and $(35.4) at June 30, 2025 and June 30, 2024, respectively.
We do not have significant operations in countries in which the economy is considered to be highly inflationary.
11 unchanged sentences
We entered into a variable-to-fixed interest rate swap with respect to some of our floating rate debt in August 2023.
−Removed: At March 31, 2025, we had $661.0 outstanding related to our variable rate debt.
+Added: At June 30, 2025, we had $622.0 outstanding related to our variable rate debt.
Excluding the impacts from any outstanding or future variable-to-fixed interest rate swap transactions, a hypothetical 1% increase in interest rates would result in increased interest expenses of $6.2.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.